Here’s the problem: for people like myself on the front lines of the real estate market, the fiscal cliff is not some imminent threat, it’s already here.

When it is all said and done, DC’s landscape is almost identical to what is was before Tuesday, and the very same problems that were ignored during the election are now staring us right back in the face.

Let’s be real, Thelma and Louise are inches away from driving over the Grand Canyon. That is where we are right now with the housing market. I am not trying to scare anyone, but for those of us on the front lines of the housing crisis, there are some troubling signs.